Chapter 147: Churchill, the God of Investment (Second update, please subscribe)
"Mr. Buffett, congratulations on acquiring the Great Eastern. It is a great ship!"
In front of the Great Shipping Company, David Duncan once again congratulated Buffett with mixed feelings. Once upon a time, he really thought this was a great ship, just like the name of this company, a great shipping company.
But it turns out that the so-called greatness is just a joke, just like this ship and this company. They lost too much money on this ship, and now they finally threw this money-losing and troublesome ship to others.
However, whenever he thought about selling this great ship to foreigners at the price of scrap metal, he was filled with resentment, after all, this was the pride of Britain.
But what does it matter if you are proud? It is still a money-losing product.
Buffett shook his head.
"Alas, no matter how great it is, it's just a money-loser!"
If something is great but not profitable, what else can it be but a money-losing business?
Buffett was feeling a little heavy, as if it were a drizzling spring rain. When he was about to get on the carriage, he said to Ek, his employee beside him.
"Eck, send a telegram to the company - we got the ship, transfer the money!"
The great ship was in our hands, but what about it?
But can it make money?
Buffett was in a very heavy mood. Sitting in the carriage, he smoked a cigar intermittently with a complicated mood.
…
The rainy weather is not suitable for ladies to go shopping, but for jeweler Piper, he is not worried about it. His salesmen will bring the goods to the ladies' homes and show them the best jewelry.
Today, despite the bad weather, Piper still came to the agreed place, a hotel restaurant to meet with a client who is likely to become his new supplier. The supplier is a young man named Brian.
"Deville Silver."
Brian said, looking at Piper.
“Our company is able to offer it at 10% below the market price.”
“Is it 10% lower than the market price? Is it the current market price, or is it adjusted according to the market price?”
Picking up the coffee cup and taking a sip, Piper said:
"If it's the latter, I think we can continue to talk about it."
Deville silver was a rare commodity that was very popular among ladies. As a jeweler, he knew very well that almost every woman in London dreamed of owning one or several pieces of jewelry made of Deville silver, and all the wealthy people wanted to own a set of tableware made of Deville silver so as to show off their wealth to outsiders. After all, it was a rare commodity that only the emperor could enjoy.
"Of course it depends on the market price."
Brian smiled.
"And we guarantee that we can provide no less than 50 pounds of Deville silver every month!"
"What! 50 pounds, oh my god, is this true?"
Standing up suddenly, Piper said excitedly.
"If you can guarantee this supply, sir, we can sign the agreement immediately. By the way, how much can you provide now? 10 pounds? 20 pounds?"
God is my witness that if there was so much Deville silver, he would immediately have the best craftsmen make it into tableware and sell it to the rich in London. It is simply the dream of every man to have a set of tableware like the French emperor.
They don't mind spending a lot of money to realize their dreams.
"Twenty pounds, what do you think, Mr. Piper?"
The world is full of surprises. Although it was rainy in London that day, it was undoubtedly good weather for Piper and many jewelers in London. It was simply their lucky day. They got the "Deville Silver" they had dreamed of in sufficient quantity - a full two thousand pounds!
You know, even French jewelers could not get so much "Deville Silver" at one time. Its quantity was so scarce that the global output was only a few tons. Even more than ten years later, its production scale was very small, and most factories could only produce a few thousand pounds a year.
"Your Excellency, this is a set of tableware made of Deville Silver. Perhaps its color is not as bright as silver, but it is extremely light, which is its greatest feature, Your Excellency..."
Standing in front of John Winston Spencer Churchill, 7th Duke of Marlborough, Piper appeared extremely humble. He respectfully displayed the tableware he had just made.
"Sir, I can assure you that when you entertain guests, this set of tableware will definitely make you the focus of everyone's attention, just like French Emperor Napoleon III!"
Faced with such a set of tableware, even though he was a duke, Churchill felt it was extremely rare. How could he not know that the French emperor had such tableware, and even his wife had jewelry made of "Deville silver", which was actually just a pair of earrings.
However, their family is no longer as wealthy as before. Although he is eager to own such a set of tableware to show off to others, his reason makes him choose to refuse.
"Pib, you know I'm not a big fan of banquets. Tableware like this is of no use to me. Besides, I prefer silver tableware to this."
In fact, in the past two hundred years, the descendants of the Duke of Marlborough have never been able to add any glory to their family emblem. They have neither outstanding achievements nor any honors. After several generations of consumption, the economic situation of the Churchill family has become increasingly difficult. Churchill's grandfather was burdened with many children. The difficult economic situation not only made him develop a reserved and stingy character, but also forced him to start selling his property.
Of course, Piper knew all this, but he knew the temper of these nobles even better. In order to maintain the dignity and pomp of the nobility, they would not hesitate to squander the wealth accumulated by their ancestors. The same was true for the stingy Mr. Churchill.
"Of course, of course, who doesn't like silverware?"
Piper laughed.
"But sir, there are only twenty dukes in Britain, and I heard that almost every duke now has at least one set of such tableware, because "Deville Silver" is so rare, it is like the status of a noble, rare and highly regarded!"
As he spoke, Piper said regretfully.
"Of course, it's just a set of tableware. It doesn't mean anything at all."
What?
What doesn't represent what!
As one of the only twenty dukes in Britain, since the other dukes all have Deville silver tableware, he must also have a set. This has nothing to do with money, but the dignity of the duke! It is related to the honor of the family!
"Pieber, keep it!"
While it seemed like he was just saying it casually, Churchill felt helpless as he thought of the treasured jewels in his home. It seemed that he had to sell another one.
Oh my God!
Being a noble is really painful! To maintain the family's reputation, this is the only way!
But he changed his mind and thought, "Deville Silver" is so rare that it can be passed down to his descendants as a family heirloom in the future. Maybe his sons don't need it, so he can pass it down to his grandchildren in the future!
Well, that’s a good investment!
(End of this chapter)
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